Ann: Investor Presentation- Equity Raising May 2023, page-13

No one is going to have that information. G6M are the opposite of transparent so it is a wait and see game.

One could run off the known information which is:

192,000 MTU for the first 6 years. We have to assume they will announce first concentrate which hasn't happened yet but for the sake of a calculation lets assume G6M will have 5ish weeks or 10% of annual production this quarter. 10% of 192k mtu is 19.2k MTU. G6M have stated it will take 3+ months to reach nameplate capacity so lets guess we are running at 25% capacity while all of the teething occurs over this 5 weeks. That will put it at around 5kmtu for this quarter.

They say costs are $246 per MTU and they will receive $392 per MTU sold. 5000 x (392 - 246)=$730,000 in profit for this quarter based on the above.

This is all napkin calculations and IMO there is no way they will be making any profit this quarter. If I had to guess id be saying cost per MTU on 5000 MTUs will be over $1000 per MTU for this quarter. If you calculate on a 1000/mtu cost basis its a 3mil loss.